Lord Abbett Short Duration Tax Free Fund Class F (LSDFX)
| Fund Assets | 1.35B |
| Expense Ratio | 0.55% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 2.94% |
| Dividend Growth | 11.78% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 15.13 |
| YTD Return | 0.63% |
| 1-Year Return | 3.04% |
| 5-Year Return | 2.83% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.10 |
| Holdings | 277 |
| Inception Date | Dec 31, 2008 |
About LSDFX
The Fund's investment strategy focuses on Short Muni Debt with 0.55% total expense ratio. The minimum amount to invest in Lord Abbett Municipal Income Fund, Inc: Lord Abbett Short Duration Tax-Free Fund; Class F Shares is $0 on a standard taxable account. Lord Abbett Municipal Income Fund, Inc: Lord Abbett Short Duration Tax-Free Fund; Class F Shares seeks the maximum amount of interest income exempt from federal income tax as is consistent with reasonable risk. To pursue its goal, under normal market conditions the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal bonds.
Performance
LSDFX had a total return of 3.04% in the past year. Since the fund's inception, the average annual return has been 1.58%, including dividends.
Top 10 Holdings
17.52% of assets| Name | Symbol | Weight |
|---|---|---|
| HARRIS CNTY TX CULTURAL EDU FACS FIN CORP MED FACS REVENUE - Harris County Cultural Education Facilities Finance Corp | TX HARMED 11.15.2046 | 2.65% |
| City of New York NY | NY NYC 04.01.2042 | 2.00% |
| HLTH CARE AUTH FOR BAPTIST HLTH AL - Health Care Authority for Baptist Health/The | AL HLTMED 11.01.2042 | 1.93% |
| WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE - Wisconsin Health & Educational Facilities Authority | n/a | 1.77% |
| VIRGINIA HSG DEV AUTH - Virginia Housing Development Authority | VA VASHSG 07.01.2055 | 1.71% |
| FLORIDA INSURANCE ASSISTANCE INTERLOCAL AGY - Florida Insurance Assistance Interlocal Agency Inc | FL FLIGEN 5 09.01.2025 | 1.69% |
| PORT OF PORT ARTHUR TX NAV DIST - Port of Port Arthur Navigation District | TX PPATRN 04.01.2040 | 1.58% |
| PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE - Pennsylvania Higher Educational Facilities Authority | PA PASHGR 09.01.2045 | 1.45% |
| CENTRL PLAINS ENERGY PROJ NE GAS PROJ REVENUE - Central Plains Energy Project | n/a | 1.37% |
| LOWER COLORADO RIVER TX AUTH REVENUE - Lower Colorado River Authority | TX LWCGEN 05.15.2039 | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.03606 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03506 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03757 | Dec 31, 2024 |
| Nov 29, 2024 | $0.0379 | Nov 29, 2024 |
| Oct 31, 2024 | $0.03754 | Oct 31, 2024 |
| Sep 30, 2024 | $0.03772 | Sep 30, 2024 |